Dibanisa Absolute Return B

DIBANISA ABSOLUTE RETURN UNIT TRUST is a low risk fund. The fund aims to diversify risk by investing in local equities, gilt and interest bearing securities, assets in liquid form including cash and any other securities of a similar nature in meeting the objectives of the portfolio. It employs a quantitative risk model that will dynamically adjust the fund’s asset allocation to protect the fund against downside risk.
The portfolio's primary objective is long-term growth of capital by generating positive or absolute return on a consistent basis whilst managing down-side risk.
The Manager will seek to secure a return for investors of 4.5% ahead of headline CPI over a rolling 3year basis.

Key stats

Management firm  Investment Solutions UTs Ltd
Domicile  South Africa
Global Branding Name  Investment Solutions
Fund Status  OBSOLETE
12 month yield  16.61%
Fund currency  ZAR
Net Assets Date  2013-03-31
Net Assets  R63,050,389
Launch Date  2005-07-05
Obsolete Date  2013-03-31
ISIN  ZAE000075313
Manager 1 Name  Craig Chambers
Fund Strategy  ZAR/NAD Flexible Allocation
Benchmark  SA CPI (Headline)
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2013-03-31
Return - 1 Month  0.76%
Return - 2 Months  -0.09 %
Return - 3 Months  0.97%
Return - 6 Months  7.59 %
Return - 9 months  12.10 %
Return - 12 Months  12.93%
Annualized return 24 months  7.77 %
Annualized return 36 months  6.89 %
Annualized return 48 months  9.21 %
Annualized return 60 months  7.66 %
Annualized return since Inception  9.91%
Return YTD  0.97%

Ratings

Morning Star Rating Date   2013-03-31
Morning Star Rating - 36 Months  fund has a 1 star rating
Morning Star Rating - 60 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - Overall  fund has a 2 star rating fund has a 2 star rating

Charges

Initial  0.00 %
Minimum Investment  R30,000
Maximum Managment Charge  0.97 %

Contact

Contact Address  Investment Solutions Office Park, 63 Wierda Road East, Wierda Valley
Contact Address 2  PO Box 786055, Sandton
Contact Address 3  2146
Contact city  Johannesburg
Contact country  South Africa
Fund Admin Group  Investment Solutions UTs Ltd
Web Address  www.investmentsolutions.co.za
Email contact  info@ishltd.co.za
Phone  +27 (0)11 505 6000

Price

Last Price Date  2013-04-02
Pre-tax nav  1.44
Price change  R-0.04
Price change (percentage)  -2.62 %

Funds Disclaimer

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For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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